Although the Nokia Lumia 900 is available exclusively for now from Phones4U, you can already preorder the handset from Buymobilephones from as little as £26 per month on a two year Pay Monthly contract. That's a total cost of ownership of £624. The deal is available on T-Mobile with unlimited texts and either 600 minutes plus 250MB data, 300 minutes plus 750MB data or 100 minutes and 1.5GB data.

Revenue coming from lucrative SMS services is quickly falling according to a report published by market research firm, Strand Consult. The firm said that "If you look at how most operators market and sell SMS, you will see that most operators charge the customer for each individual SMS he or she sends".

HP has announced that it will start selling tablets again but based on Windows 8 rather than its own, now defunct, WebOS-based TouchPad as indicated by a leak earlier this month. The world's biggest PC manufacturer ended sales of the TouchPad last year because of abysmal sales and slashed the price of the tablet to less than £100 in a bid to clear out remaining stocks.

Japanese electronics giant Panasonic posted a record loss in the midst of falling sales of flat panel television sets with its shares falling to a 32-year low. Altogether, a strong yen together with a series of external factors (global recession, bad timing, the Thai flooding and the Japanese earthquake) caused the company to announced a staggering 772.2 billion yen loss (around £6 billion).